Seller's Agent in 2024
Richard Budden
Coldwell Banker Chesapeake Real Estate Company
(443) 480-1181
33 Total Sales
331 Park Ln Chestertown, MD 21620
Estimated Value: $710,000 - $1,441,000
4
Beds
2
Baths
2,184
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- 300 Feet of Waterfront
- Cape Cod Architecture
- Sun or Florida Room
- Church Hill Elementary School Rated A-
- 1 Fireplace
- No HOA
About This Home
As of May 2024Eastern Shore Waterfront Home is set on 5-acres on Rosin Creek in Queen Anne’s County, Maryland. The home is located in a peaceful, wooded setting with lovely long water views, yet it is only a 10-minute drive to Chestertown. Enjoy the private dock for fishing and water activities, or, head out for a 10-minute boat ride up the Chester River to historic Chestertown. Downstairs, the main living area offers a first floor bedroom, full bath, lovely sunroom overlooking the creek, and living room with a fireplace and wood-burning stove. Upstairs are three bedrooms, a full bath and bonus room. The house has an attached garage and also a separate garage and workshop. Set in the quiet community of Royston Shores, Roundtop park is nearby with a basketball court, tennis courts, pickle ball courts and pavilion.
Chestertown is located on The Eastern Shore of Maryland, about 90 minutes from Washington, D.C. and Philadelphia. Founded in 1706, it is set on the banks of the Chester River and is home to Washington College and the University of Maryland Shore Medical Center.
The walking town features period homes, shops, galleries, live theater and waterfront park. Dining options include an oyster bar, bakery, cafe, luncheonette and fine dining restaurants. The landing at the foot of High Street leads to the Chester River Walk and the Chester River Packet offering public river cruises. Annual events include the Chestertown Tea Party and Tall Ship Downrigging Weekend. Residents and visitors alike enjoy the vibrant arts community, the Saturday Farmers/Artisan Market, parks, rails-to-trails and water activities.
Last Agent to Sell the Property
(443) 480-1181 rbudden@easternshoremdre.com Coldwell Banker Chesapeake Real Estate Company Listed on: 03/08/2024
Co-Listed By
(443) 480-4275 murphy@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company License #5010912
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,114
Year Built
- Built in 1988
Lot Details
- 5 Acre Lot
- 300 Feet of Waterfront
- Home fronts navigable water
- Property is zoned CS
Parking
- 4 Garage Spaces | 2 Attached and 2 Detached
- 3 Driveway Spaces
Property Views
- Water
- Scenic Vista
Home Design
- Cape Cod Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,184 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Den
- Hobby Room
- Sun or Florida Room
- Crawl Space
Bedrooms and Bathrooms
Outdoor Features
- Water Access
- River Nearby
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1807011814
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
May 3, 2024
Sold by
Trumbauer James K and Trumbauer Christopher J
Bought by
Co Truste and Martin
Seller's Agent
Richard Budden
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Donna Perri
VRA Realty
List Price
$1,200,000
Sold Price
$1,120,000
Premium/Discount to List
-$80,000
-6.67%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,643
Avg. Annual Appreciation
-2.30%
Original Mortgage
$766,550
Outstanding Balance
$755,678
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$322,679
Purchase Details
Closed on
Jun 26, 2009
Sold by
Trumbauer James K and Trumbauer Mary M
Bought by
Trumbauer James K
Purchase Details
Closed on
Aug 21, 1986
Sold by
Caldwell Leonard Z
Bought by
Trumbauer James K and Trumbauer Mary M
Purchase Details
Closed on
May 7, 1985
Sold by
Anthony Jas T 3Rd And
Bought by
Caldwell Leonard Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
13.07%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Co Truste | $1,120,000 | Newlyn Title | |
| Trumbauer James K | -- | -- | |
| Trumbauer James K | $59,900 | -- | |
| Caldwell Leonard Z | $36,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Co Truste | $766,550 | |
| Previous Owner | Caldwell Leonard Z | $24,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $1,120,000 | -6.7% | $513 / Sq Ft |
| 03/08/2024 03/08/24 | For Sale | $1,200,000 | -- | $549 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,123 | $749,800 | $450,000 | $299,800 |
| 2024 | $6,148 | $646,333 | $0 | $0 |
| 2023 | $4,431 | $542,867 | $0 | $0 |
| 2022 | $4,199 | $439,400 | $200,000 | $239,400 |
| 2021 | $4,091 | $429,833 | $0 | $0 |
| 2020 | $4,091 | $420,267 | $0 | $0 |
| 2019 | $3,999 | $410,700 | $230,300 | $180,400 |
| 2018 | $3,881 | $398,367 | $0 | $0 |
| 2017 | $3,762 | $386,033 | $0 | $0 |
| 2016 | -- | $373,700 | $0 | $0 |
| 2015 | $1,799 | $373,700 | $0 | $0 |
| 2014 | $1,799 | $373,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Budden
-
Murphy ONeill
Seller Co-Listing Agent in 2024
Murphy ONeill
Coldwell Banker Chesapeake Real Estate Company
(443) 480-4275
60 Total Sales
-
Donna Perri
Buyer's Agent in 2024
Donna Perri
VRA Realty
(484) 883-5760
133 Total Sales
Map
Source: Bright MLS
MLS Number: MDQA2008764
APN: 07-011814
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